A digest of news and opinion from the Maldives.
State Bank of India (SBI) has issued USD 16.20 million in loans for COVID-19 relief purposes directed at businesses operating in the Maldives, in order to support the government measures taken amid Pandemic. According to the Indian High Commission in the Maldives in addition to the loans, SBI has also deferred loan repayments for 200 […]
The government has announced its decision to delay the reopening of guesthouses in the Maldives. The guideline which has previously been prepared by the Ministry of Tourism, to restart tourism in the Maldives states all guest houses in local islands would open for tourists on the 1st of August. Regardless, Minister of Health Abdulla Ameen […]
The quarterly national accounts report publicized by the National Bureau of Statistics (NBS) shows a decline of 5.9 per cent in QGDP during the first quarter of 2020, in comparison to the first quarter of 2019. The statistics revealed by the NBS last Saturday, indicates the real GDP for (First Quarter) Q1 2020 has been […]
The number of undocumented expatriate workers living illegally in the Maldives who have been sent back home has crossed 4000. In the country, foreign employment has been a significant issue that seems to be growing over the years. Recently, it has been informed that 110,000 expatriates immigrated to the Maldives within 5 years. This is […]
The Maldives, composed of 1200 islands and a population of about 5 hundred thousand people, is highly dependent on imports, mainly for necessities such as food. However, it’s concerning that regardless of having a tourism-driven economy that earns over $3 billion annually, the island nation depends on other countries for an alarming percentage of necessities. […]
After years of esteemed services, Acting Managing Director of Maldives Airports Company Limited (MACL) Mr Moosa Solih retired from his services on 26th July 2020. Mr Moosa Solih was appointed as the Acting Managing Director (AMD) of MACL by the company’s Board of Directors in the year 2018. Mr Moosa Solih hosted various senior-level positions […]
The Maldives has recently been capturing global attention for its current situation with migrant workers, resulting in a lot of public concerns and demands. Out of the population amounting to 500,000 people in the nation, there are approximately 144,000 migrant workers with 44% of the workers undocumented. While the amount of migrant workers has been […]
Dhiraagu has announced a special promotion to celebrate Maldives’ 55th Independence Day by offering a 55% EXTRA allowance on mobile boosters. Under this promotion, customers activating Dhiraagu Prepaid Mini Boosters and Postpaid Boosters will receive an extra 55% data allowance upon each purchase. The offer will be valid from 26 July until 3 August 2020. While […]
Seara Sports Maldives has recently installed Asia’s first futsal pitches from ACT Global, using the latest non-infill synthetic turf technology from the USA. The complete suite of half- and full-sized futsal pitches were installed at the Meeru Island Resort & Spa in the Maldives. This represents a proud milestone for Seara: inefficient design and planning […]